News

Finance and Credit

• May 26, 2021 26 May'21

  Softcat heads for ‘above expectation’ year

  Firm’s third-quarter trading update should please investors that are looking to the channel player to continue growth

• May 25, 2021 25 May'21

  Datatec reveals impact of coronavirus on business strategy

  Westcon and Logicalis owner has seen a ‘structural shift’ as the result of the changes accelerated by the coronavirus pandemic

• May 18, 2021 18 May'21

  DCC reports revenue growth

  Exertis parent shares financial results that reveal how the channel player has navigated through the pandemic

• May 04, 2021 04 May'21

  Context: Distribution set for solid second quarter

  Analysis of the market across Europe indicates that, if conditions are right, it could be a strong year-on-year performance in revenue growth

• April 30, 2021 30 Apr'21

  Funding rounds being used to bolster channel plans

  Vendors say they plan to use the finance raised through funding rounds to increase their partner networks

• April 29, 2021 29 Apr'21

  Computacenter warns of exchange rate impact on profits

  Weak dollar could undermine the numbers but overall, first-quarter trading update strikes a positive tone

• April 15, 2021 15 Apr'21

  Ensono latest to be snapped up in investment drive across the channel

  Firm becomes a target for investment just a matter of days after it dipped its own toes in the M&A waters

• April 09, 2021 09 Apr'21

  Fifosys expands beyond London with Enforce Technology

  Managed services player strikes acquisition that will give it more coverage of the UK market

• April 09, 2021 09 Apr'21

  Fulcrum snaps up Pure Technology Group

  Leeds-based IT services player is the latest in the channel to be a target for investment

• March 24, 2021 24 Mar'21

  Bridewell Consulting attracts private equity backing

  Cyber security firm plans to put the funds into bolstering its managed services and expanding the business globally

• March 24, 2021 24 Mar'21

  Market growth strategy delivers for Softcat

  Channel player’s first-half results make it clear that its strategy is continuing to generate the numbers

• March 22, 2021 22 Mar'21

  Tech Data merges with Synnex

  Tie-up between Tech Data and Synnex would see a combined operation with more than $57bn revenues and a global reach

• March 03, 2021 03 Mar'21

  Budget: SME Help to Grow scheme could foster further cloud adoption

  The channel has focused in on the impact of the budget on the SME community with the chancellor of the exchequer looking to increase digital skills and technology adoption

• March 03, 2021 03 Mar'21

  Node4 welcomes fresh backers, and Radius buys again

  Fresh from an acquisition, MSP Node4 has attracted fresh backers, and Radius has sealed its eighth acquisition in the past two years

• February 12, 2021 12 Feb'21

  Northamber looks to build on H1 2020

  Distributor issues an update detailing how it fared in the last six months of 2020, with coronavirus and Brexit both having an impact on the business

• February 05, 2021 05 Feb'21

  DXC Technology staying on turnaround course

  Days after the firm rebuffed the Atos takeover approach, DXC Technology shares Q3 numbers

• January 14, 2021 14 Jan'21

  Distribution comes through pandemic year strongly

  Record sales and a rapid response to the changing demands caused by the coronavirus pandemic helped the channel get through 2020

• December 11, 2020 11 Dec'20

  Bytes IPO over subscribed

  Business valued at approximately £646.6m as it marks a successful IPO with conditional trading starting on the LSE

• December 09, 2020 09 Dec'20

  Ingram Micro ends Chinese adventure with $7.2bn sale

  Distributor Ingram Micro has been picked up by US private equity player Platinum Equity, ending four years under the ownership of the HNA Group

• December 01, 2020 01 Dec'20

  SME customers showing signs of coronavirus impact

  The pandemic has hit many small and medium-sized businesses and they are showing signs of caution and distress

• November 12, 2020 12 Nov'20

  Redcentric ends sale discussions without deal

  MSP Redcentric reveals that discussions with potential suitors have terminated without a sale

• November 02, 2020 02 Nov'20

  Bytes signals flotation ambitions

  Channel player Bytes looks to split from South African owners and go it alone as a public company

• October 23, 2020 23 Oct'20

  Datto CEO talks of increased support for partners post-IPO

  MSP specialist plans to beef up its engineers, product and support staff after becoming a public company

• September 10, 2020 10 Sep'20

  Fintechs ramping up efforts to get loans into SME hands

  With the deadline for the government-backed coronavirus loan scheme looming, efforts are being made to try to get those small firms looking for financial aid logged onto the system

• September 09, 2020 09 Sep'20

  Exertis extends £10m in credit to AV partners

  Distributor Exertis is increasing funds for audiovisual product and services resellers as a sign of support against a backdrop of Covid-19

• September 02, 2020 02 Sep'20

  Computacenter ‘materially above’ expectations and Redcentric exploring sale

  Tech investors have received some cheer from Computacenter and some guidance around a possible sale from MSP Redcentric

• September 01, 2020 01 Sep'20

  Tech Data shows expansion ambitions with APAC buy

  With the backing of its new owners, the distributor has begun to flex its muscles and has picked an acquisition target to bolster its Asian presence

• August 19, 2020 19 Aug'20

  Softcat on course for strong FY20

  Channel player continues to deliver growth as it issues a trading update to cover its last fiscal quarter

• July 22, 2020 22 Jul'20

  Computacenter enjoys profit growth in first half of 2020

  Computacenter provides investors with some cheer after sharing an encouraging trading update for the first half of 2020

• July 22, 2020 22 Jul'20

  Getronics gets fresh owner managers

  Deal worth €200m sees Dutch channel player start life under a different owner

• July 17, 2020 17 Jul'20

  DCC Q1 update paints a picture of improving conditions

  Exertis parent updates investors ahead of AGM, with signs of trading performance improving as the weeks progress

• July 06, 2020 06 Jul'20

  TalkTalk Business adds partner MDF to Homeworker package

  Firm follows up on launch of business-grade connectivity offering, with details of how it plans to support its channel partners

• June 30, 2020 30 Jun'20

  Tech Data flexes financial muscles after Apollo deal

  Deal to acquire the distributor finally closes and the channel player is quick to show off what the benefits of private ownership will involve

• May 28, 2020 28 May'20

  If we get funding now, our tech must be good

  Those lucky enough to get investment against the backdrop of the coronavirus pandemic are highlighting what that might say about their offerings to the market

• May 28, 2020 28 May'20

  Tech Data weeks away from closing Apollo deal

  Distributor shares first-quarter numbers and reveals it is close to sealing Apollo merger

• May 26, 2020 26 May'20

  Softcat shares details of ‘satisfactory’ Q3 trading

  Channel player’s trading update reveals that the first few weeks of lockdown have not had too much impact on the numbers

• May 20, 2020 20 May'20

  Coronavirus: Fujitsu adds to list of vendors increasing support for partners

  Fujitsu has indicated it is taking steps to support its Select partners, and Adobe has come up with a solution to keep partners and ISVs busy during Covid-19

• May 15, 2020 15 May'20

  Computacenter business strengthens during lockdown trading

  Channel giant issues a trading statement that will provide cheer not only to investors but also those keen to see the channel shake off the impact of the coronavirus

• May 06, 2020 06 May'20

  Bounce Back scheme backs £2bn of loans to small firms

  The latest attempt by the government to ease the economic pain caused by the coronavirus has kicked off

• April 30, 2020 30 Apr'20

  Coronavirus: Print channel appeals for more vendor support

  Research from Quocirca reveals that the print channel is having to cope with the pandemic and the challenges of moving to a “new normal”

• April 28, 2020 28 Apr'20

  Chancellor hopes Bounce Back Loan scheme will deliver funds to small firms

  Small businesses have so far faced a challenge in getting hold of funds during the coronavirus crisis, but a fresh scheme coming in next week should ease those problems

• April 24, 2020 24 Apr'20

  Coronavirus: HPE adds to list of vendors offering financial aid

  HPE has outlined a number of initiatives designed to help partners get through the Covid-19 coronavirus crisis

• April 23, 2020 23 Apr'20

  Computacenter provides some cheer with robust Q1 trading

  One of the first set of numbers to include some lockdown trading has come out of the channel

• April 22, 2020 22 Apr'20

  Coronavirus: Dell offers channel access to $9bn in financing

  Vendor continues to make moves to support partners that are trying to keep business as normal as possible during the Covid-19 crisis

• April 20, 2020 20 Apr'20

  Coronavirus: Extreme Networks adds LEAP to support partners

  Vendor builds on previous moves to ease certifications and increase access to training with financial help for resellers

• April 16, 2020 16 Apr'20

  No pause for the funding rounds

  Over the past few days, there have been a few lucky firms securing more investment to bulk up their growth ambitions

• April 16, 2020 16 Apr'20

  Coronavirus: e92plus increasing practical support for resellers

  Distributor e92plus increases financial aid for partners that want to keep the customer orders flowing

• April 15, 2020 15 Apr'20

  Coronavirus: Dell makes moves to ease channel finances

  With the current challenges caused by Covid-19, the supplier has made changes to its MDF programmes to make life easier for the channel

• April 02, 2020 02 Apr'20

  Coronavirus: HP increases partner support

  Vendor reacts to the ongoing pandemic with moves designed to make life easier for partners and their customers

• March 27, 2020 27 Mar'20

  Coronavirus: Channel braces for challenging second quarter

  There are growing signs that it is getting harder for partners and vendors to predict what will come next